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Editorial Results (free)

1. Bank Building Set To Become Boutique Hotel -

158 Madison Ave.
Memphis, TN 38103

Sale Amount: $1.1 million

Sale Date: June 13, 2016

Buyer: Wessman Holdings

2. New Center to Capitalize on Strong Retail Demand -

The shopping center at 6450 Poplar Ave. is fully constructed with tenants opening as soon as next month.

3. How safe is our food? -

It’s not easy being a food inspector in Tennessee, dealing with an updated statewide food code to protect the public from foodborne illnesses and educating restaurateurs, many with their own ideas about their cuisine, on following the rules.

4. South End Gets a $15 Million Apartment Complex -

250 E. G.E. Patterson Ave.
Memphis, TN 38126

Permit Amount: $14.6 million

Owner: Elmington Capital Group

5. 10 Years After Housing Peaked, US is More of a Renter Nation -

MOUNT PLEASANT, South Carolina (AP) – It's a troublesome story playing out across America in the 10 years since the housing bubble peaked and then burst in a ruinous crash: As real estate has climbed back, homeowners are thriving while renters are struggling.

6. Last Word: Back On, EDGE and Diversity and Jungle Room Sessions -

Are your lights on yet? How is your air conditioning? First came the rain Wednesday night and then came the power outages that stretched into Thursday.

So the last Twitter update from Memphis Light Gas and Water at 8 p.m. Thursday shows 248 outages in the MLGW service area with 2,746 customers still in the dark and the worst heat of the year so far. Those numbers translate to 95 percent of the customers impacted having their power restored Thursday evening.

7. Last Word: ServiceMaster Incentives, Muvico Memories and the Beale Street Cover -

It looks like the conversion of Peabody Place mall to the new headquarters of ServiceMaster is a $33.3 million job. That could be a running total depending on a PILOT amendment to come.

8. Nordstrom Rack-Anchored Center Gets $15.5M Construction -

4572 Poplar Ave.
Memphis, TN 38117

Permit Amount: $10.5 million

Project Cost: $15.5 million

Completion: Fall 2017

9. Laser Quest Closing In Poplar Plaza -

Laser Quest, a longtime tenant in the Poplar Plaza shopping center, is set to close on Sunday, May 29.

“We have been a proud part of the Memphis community for the last 20 years and as a company continue to grow,” said Phillips Aldis, director of sales and marketing for the laser-tag chain headquartered in Canada.

10. $21.6 Million in Construction Headed to Graceland -

1064 Craft Road

Memphis, TN 38116

Permit Amount: $18.1 million

Project Cost: $21.6 million

11. Tenants Named for New Germantown Parkway Strip -

A $10 million Germantown Parkway development will bring six new tenants to the area.

Dunkin’ Donuts signed a 2,000-square-foot lease for the five-acre shopping center between Fischer Steel and Moriarty roads. Pizza Rev will take a 2,400-square-foot space and Aspen Dental will take 3,500 square feet.

12. Tenants Named for New Germantown Parkway Strip -

A $10 million Germantown Parkway development will bring six new tenants to the area. Dunkin’ Donuts signed a 2,000-square-foot lease for the five-acre shopping center between Fischer Steel and Moriarty roads. Pizza Rev will take a 2,400-square-foot space and Aspen Dental will take 3,500 square feet.

13. Poplar Place Apartments Sell for $15.3 Million -

1669 Randolph Place
Memphis, TN 38120

Sale Amount: $15.3 million

Sale Date: May 6

Buyer: Poplar Place TN Townhomes LLC

14. Retail, Amenities Embellish Highland Row Development -

Highland Row, a mixed-use development sprawling across an entire block in the University of Memphis area, will see its first residents this summer.

Construction began in February on the three-building project located along Highland Street between Midland and Eastland avenues.

15. Frayser Truck Stop, Hotel Developers Change Plans -

Developers of a truck stop with a hotel on Hollywood at Interstate 40 in Frayser have dropped plans for the truck stop.

Representatives of the developers, Hospitality Builders of America, announced the change Tuesday, May 3, as the city council delayed a vote on the planned development on the site of the old Treasury department store.

16. Frayser Truck Stop, Hotel Developers Change Plans -

Developers of a truck stop with a hotel on Hollywood at Interstate 40 in Frayser have dropped plans for the truck stop.

Representatives of the developers, Hospitality Builders of America, announced the change Tuesday, May 3, as the city council delayed a vote on the planned development on the site of the old Treasury department store.

17. Last Word: Council Return on Overton, No Frayser Truck Stop and Historian-apolooza -

June 30 is fast approaching. It’s coming up so fast that the City Council is moving to seal in any agreement that might come from the Overton Park Greensward mediation process before the ink dries.

18. Council Approves Overton Boundary Ordinance on First Reading -

Memphis City Council members approved an ordinance Tuesday, May 3, on the first of three readings to set boundaries in Overton Park including the use of the park Greensward.

But some council members who supported a March 1 resolution that gave the Memphis Zoo control of the greensward were much more hesitant about the ordinance two months later.

19. Essential Tactics For Innovation Intrepreneurs -

For authentic innovation to occur at an organization, you have to craft the culture of a place to accept and embrace new ways of working together and being in the market.

More often than not, teams or outsourced agencies follow an innovation method, create many concepts that are new to the market and certain to create new value, but are crushed by the cultural antibodies of a place while still an embryonic idea.

20. Last Word: The Bible Veto Override Vote, Grizz Nostalgia and Kroger Goes Online -

The Tennessee Legislature hoped to end its 2016 session Wednesday at the end of an eventful day that included a failed attempt to override Gov. Bill Haslam’s veto of the bill that would have made the Bible the official state book.
But into Wednesday evening, the state House was still debating the Hall tax on dividends – specifically further roll backs of it. And the Senate had gone home for the night.
So Thursday looks like a good bet for the adjournment for the year and the formal start of the election season for incumbents.

21. $12.6M Building Permit For New Ballet Memphis HQ -

2144 Madison Ave.
Memphis, TN 38104
Permit Amount: $12.6 million

Owner: Ballet Memphis
Tenant: Ballet Memphis
Architect: Archimania
Contractor: Grinder, Taber & Grinder
Details: Ballet Memphis is setting the stage for its Overton Square headquarters as Grinder, Taber & Grinder recently applied for a $12.6 million building permit for new construction.

22. Middle Tennessee construction can’t meet demand -

When it comes to residential real estate around Middle Tennessee, there are plenty of buyers but not nearly enough sellers, says Heather Benjamin with Reliant Realty’s Benjamin McConnell Group. And new construction just can’t keep up with the demand.

23. Moving Dirt -

The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.

24. Last Word: Policing The Greensward, A Rural Oasis and Gene Chips -

The city of Memphis had 88 police staff and other city employees working an Overton Park detail Saturday and another 33 working Sunday on the same detail, according to the Strickland administration’s accounting on Monday.

25. Anne Dixon Joins BRIDGES as CFO -

Anne Dixon has joined BRIDGES as vice president of finance and chief financial officer. Dixon, who is a Bridge Builders alumna, is responsible in her new role for financial reporting and analysis to help BRIDGES leadership in performing their responsibilities. 

26. Nordstrom Will Lure More Class A Retailers to Memphis -

Nordstrom Rack is just the tip of the Class A iceberg. At least three more best-in-class retailers are headed for the newly-built East Memphis shopping center, and the fate of the Wolfchase Galleria Sears is to be decided.

27. Best-in-Class Retailers to Join Nordstrom Rack in East Memphis -

Nordstrom Rack is just the tip of the Class A iceberg. At least three more best-in-class retailers are headed for the newly built East Memphis shopping center, and the fate of the Wolfchase Galleria Sears is to be decided.

28. Poplar Opens Up -

The prized retail stretch of Poplar Avenue between Perkins Road and Interstate 240 is shaking up in a way the area hasn’t seen in several decades. Within the next two years, more than 230,000 square feet will be made available in what has historically been a tight trade area.

29. Democratic Presidential Campaigns Battle for Memphis Voters -

Former local Democratic Party chairman and Shelby County Commissioner Matt Kuhn got right to the point Saturday, Feb. 13, as the Bernie Sanders presidential campaign opened its Memphis headquarters in the Chickasaw Crossing shopping center.

30. Medical Center Apartments Sell for $9.7 Million -

810 Washington Ave.
Memphis, TN 38105

Sale Amount: $9.7 million

Sale Date: Jan. 29, 2016

31. Last Word: Post Caucus, Fincher's Exit, 1919 Handwriting and Your Rolodex -

That close (very little light between index finger and thumb) between Clinton and Sanders in Iowa Monday evening.
Both live to fight another day in another state—New Hampshire.
And because it is Iowa – they each get to declare victory as long as they don’t go into a lot of detail about the totals.
This is one of those cases where it is like horsehoes and hand grenades – close does count.

32. Save-A-Lot to Anchor New Sam Cooper Shopping Center -

Southeast Corner of Sam Cooper
Boulevard and Tillman Street
Memphis, TN 38104

Tenant: Save-A-Lot

Size: 16,300 square feet

Tenant’s Agent: Frank Dyer, Loeb Realty Group

33. Save-A-Lot to Anchor Binghampton Retail Center -

Save-A-Lot Food Stores is the anchor tenant for the Binghampton Grocery Center, a new shopping complex at the corner of Sam Cooper Boulevard and Tillman Street developed by the Binghampton Development Corp.

34. Wal-Mart's Shutdown Creates New Food Deserts -

FAIRFIELD, Ala. (AP) — Wal-Mart's decision to shutter 154 stores across the country means that, starting Thursday, residents without cars in a neighborhood near a historically black college outside Birmingham, Alabama, will have to cross dangerous roadways on foot to get fresh produce and meat. Come Friday, folks in Coal Hill, Arkansas, will need to drive 15 miles to get to the nearest supermarket and pharmacy. Low-income neighbors of Wichita State University in Kansas, too, will be losing quick access to fresh groceries.

35. Save-A-Lot to Anchor Binghampton Retail Center -

Save-A-Lot Food Stores is the anchor tenant for the Binghampton Grocery Center, a new shopping complex at the corner of Sam Cooper Boulevard and Tillman Street developed by the Binghampton Development Corp.

36. Belz Sells Linden Camilla Towers for $14.4 Million -

256 S. Camilla Street
Memphis, TN 38104

Sale Amount: $14.4 million

Sale Date: Dec. 6, 2015

37. International Real Estate Firms Find Purchase Potential in Memphis -

International investors and developers are increasingly looking to Memphis because the market is stable and the returns are high, according to a variety of real estate professionals doing business locally.

38. Outside the Box -

Southwest Tennessee Community College is opening its new Whitehaven Center on Tuesday, Jan. 19. The building, which accommodates nearly 2,000 students at 1234 Finley Road off Elvis Presley Boulevard, is seeing new life following its run as a Kroger store that closed in 2011.

39. School Guide Helps Parents Navigate Choices -

After five years of historic change in Shelby County public education, the traditional labels of “public” and “private” schools don’t adequately describe the range of options available to parents.

40. Mall of Memphis Property Bought by Trucking Company -

113-Acre Former
Mall of Memphis Site
Sale Amount: $3.9 million

Sale Date: Dec. 29, 2015
Buyer: TAG Real Estate Holdings LLC
Seller: Memphis Industrial Properties LLC (Johnson Development Associates Inc.)
Loan Amount: $23 million
Loan Date: Dec. 29, 2015
Lender: Mercedes-Benz Financial Services USA LLC
Details: The 113-acre former Mall of Memphis property has a new owner. TAG Real Estate Holdings, an affiliate of Memphis-based TAG Truck Enterprises LLC, paid $3.9 million, or $34,513 an acre, to buy the property from Johnson Development Associates Inc., acting as Memphis Industrial Properties LLC.

41. East Memphis Retail Strip Sells for $5.3 Million -

An East Memphis retail center has sold for $5.3 million to an out-of-town group.

Orleans Place Retail Center LLC purchased the property at 1779 Kirby Parkway and 1789 Kirby Parkway from Cohen Orleans Place LLC in a Dec. 28 warranty deed.

42. East Memphis Retail Strip Sells for $5.3 Million -

An East Memphis retail center has sold for $5.3 million to an out-of-town group.

Orleans Place Retail Center LLC purchased the property at 1779 Kirby Parkway and 1789 Kirby Parkway from Cohen Orleans Place LLC in a Dec. 28 warranty deed.

43. Midway Point -

A quality, affordable neighborhood for low- to moderate-income Memphians. That’s developer Henry Turley’s ongoing vision for Uptown, a North Memphis neighborhood benefiting from $150 million in redevelopment efforts.

44. Whitehaven View Apartments Sell for $2.7 Million -

1594 E. Holmes Road
Memphis, TN 38116

Sale Amount: $2.7 million

Sale Date: Dec. 14, 2015

45. Grizzlies Talk New Lineup, Easing Schedule and Christmas Presents -

Feel like Christmas is closing in on you? Feel like you’re being double-teamed – work and all the usual daily responsibilities, plus shopping for family and friends?

The Grizzlies are right there with you. Coach Dave Joerger admits his shopping is not done. Neither is Vince Carter’s, even though he’s been balancing the holidays and the grind of an NBA season for going on 20 years.

46. Three New Deals for Collierville Shopping Center -

The Shops of Collierville at Houston Levee is now 100 percent occupied following three new deals recently inked.

The Joint chiropractic clinic will take the 1,695-square-foot bay at 3592 South Houston Levee Road. Eric Furhman with Crye Leike represented the tenant.

47. Papa Murphy’s Adds Four New Locations -

Take-and-bake pizza chain Papa Murphy’s has doubled its presence in the Memphis-area with four recently inked leases.

It is a new tenant at The Pointe shopping center in Cordova, taking up a 1,600-square-foot space at 465 North Germantown Parkway.

48. Papa Murphy’s Adds Four New Locations -

Take-and-bake pizza chain Papa Murphy’s has doubled its presence in the Memphis-area with four recently inked leases.

It is a new tenant at The Pointe shopping center in Cordova, taking up a 1,600-square-foot space at 465 North Germantown Parkway.

49. Three New Deals for Collierville Shopping Center -

The Shops of Collierville at Houston Levee is now 100 percent occupied following three new deals recently inked.

The Joint chiropractic clinic will take the 1,695-square-foot bay at 3592 South Houston Levee Road. Eric Furhman with Crye Leike represented the tenant.

50. Retailers Prep for Black Friday, Onslaught of Holiday Sales -

Black Friday, taking place Nov. 27, is only a week away and local and national retailers are gearing up for the busiest day of the year.

The National Retail Federation predicts that 2015 will be a banner year for holiday shopping with sales in November and December expected to reach $630.5 billion, a 3.7 increase over 2014 and significantly higher than the 10-year average of 2.5 percent.

51. D1 Sports Training Facility Sells for $4.1 Million -

85 Market Center Drive
Collierville, TN 38107

Sale Amount: $4.1 million

Sale Date: Nov. 5, 2015

52. Balmoral CVS Sells To Out-of-Towner -

A Rhode Island group has purchased the CVS at the northwest corner of Quince and Ridgeway roads in the Balmoral Shopping Center.

Dulgarian TN LLC purchased the 13,800-square-foot drugstore for $2.9 million on Nov. 4 and immediately signed a new lease with CVS 6304 LLC. Balmoral Shopping Center LLC, which sold the outparcel, has owned the greater 96,139-square-foot shopping center since 2001.

53. Balmoral CVS Sells To Out-of-Towner -

A Rhode Island group has purchased the CVS at the northwest corner of Quince and Ridgeway roads in the Balmoral Shopping Center.

Dulgarian TN LLC purchased the 13,800-square-foot drugstore for $2.9 million on Nov. 4 and immediately signed a new lease with CVS 6304 LLC. Balmoral Shopping Center LLC, which sold the outparcel, has owned the greater 96,139-square-foot shopping center since 2001.

54. Retail Market Boosted by Groceries, Small Business -

The third quarter of 2015 was a busy one for the retail sector with a lot of activity derived from grocery stores and small businesses.

Fundamentals are trending favorably with the total vacancy rate down to 12.6 percent compared to 12.9 percent in second quarter 2015. Net absorption rose from 134,251 square feet in second quarter to 160,229 square feet in the most recent quarter, and the rental rate increased from $8.62 to $8.72 per square foot, according to CB Richard Ellis Memphis data.

55. Tanger Southaven Expected To Drive More DeSoto County Retail -

At its grand opening Nov. 20, Tanger Outlets Southaven mall will finally see light after years of development.

The project, which initially was developed by Memphis-based Poag Shopping Centers and shelved during the recession, was revived thanks to a relationship with national group Tanger Factory Outlet Centers Inc. and several public partnerships with DeSoto County and the state of Mississippi.

56. Developer Long on Downtown Memphis, Short on Specifics -

Three Downtown properties are now owned by an Atlanta-based affiliate of an Australian real estate investment and development company, which is giving little in the way of clues about its Memphis plans.

57. Memphis Retail Market Boosted by Groceries, Small Business -

The third quarter of 2015 was a busy one for the retail sector with a lot of activity derived from grocery stores and small businesses.

Fundamentals are trending favorably with the total vacancy rate down to 12.6 percent compared to 12.9 percent in second quarter 2015. Net absorption rose from 134,251 square feet in second quarter to 160,229 square feet in the most recent quarter, and the rental rate increased from $8.62 to $8.72 per square foot, according to CB Richard Ellis Memphis data.

58. Graceland West Gets LUCB’s Green Light -

Graceland is getting another expansion with a recently approved planned development dubbed Graceland West.

On Thursday, Oct. 8, the Shelby County Land Control Use board unanimously approved rezoning the area on the west side of Elvis Presley Boulevard to accommodate an entertainment complex with limited commercial mixed use.

59. Memphis College Prep Renovating Former Dunn Avenue Elementary -

1500 Dunn Ave.
Memphis, TN 38106

Permit Amount: $1.4 million

Application Date: Sept. 30

60. Overton Square’s Future Tenants Could Be Residents -

With Overton Square reaching 100 percent occupancy, there’s nowhere else for the entertainment district to go but up. Loeb Properties currently is looking at possibly adding two multistory mixed-use buildings to complement the bustling arts and nightlife scene.

61. Trader Joe's Confirms First Memphis-Area Store -

Trader Joe’s has confirmed plans for its first Memphis-area store. The specialty grocer ended months of speculation and announced Wednesday, Sept. 23, that it would open a 12,500-square-foot store in Germantown.

62. UTHSC Pulls $20 Million Permit to Build Simulation Center -

26 S. Dunlap St.
Memphis, TN 38103
Permit Amount: $20 million

Permit Date: Applied August 2015
Owner/Tenant: The University of Tennessee
Contractor: Flintco Inc.
Details: The University of Tennessee Health Science Center is preparing for more construction as part of its campus overhaul.

63. Las Tortugas Deli Mexicana Adding Second Location, Plans for More -

Las Tortugas Deli Mexicana founder Jose "Pepe" Magallanes says customers have been asking for years that the restaurant he opened in 2003 add more locations to complement its existing Germantown-area presence.

64. Memphis City Council to Revisit Benefits Changes -

Memphis City Council members continue Tuesday, Aug. 18, to revisit decisions they made on retiree and employee benefits in the last year.

At its Tuesday session, council members vote on the first of three readings of an ordinance that would allow some city employees to “freeze” their decision to enter the city’s Deferred Retirement Option Program.

65. $9.5 Million Permit Filed For Downtown Hotel -

310 Union Ave.
Memphis, TN 38103

Permit Cost: $9.5 million

Permit Date: Applied August 2015

66. Crosstown Concourse Taps Retail Leasing Agent -

Crosstown Concourse has added another member to its growing team: The Shopping Center Group LLC will be the exclusive retail leasing agent for the massive project.

67. Crosstown Concourse Taps Retail Leasing Agent -

Crosstown Concourse has added another member to its growing team: The Shopping Center Group LLC will be the exclusive retail leasing agent for the massive project.

68. Carriage Ride -

Carriage Crossing is experiencing strong leasing activity and rising sales numbers as it prepares for multinational clothing retailer H&M to open its first Memphis-area location this month.

In recent months, the Collierville lifestyle center landed the H&M store, which the Swedish retailer says it plans to open Aug. 13, an Off Broadway Shoe Warehouse and a Hickory Tavern restaurant.

69. 'En Fuego' -

When Southaven Mayor Darren Musselwhite took office in June 2013, one of the first tasks that landed on his desk was a long-planned regional outlet mall.

The outlet mall, planned for a roughly 33-acre site at Church Road and Interstate 55 in the DeSoto County city, had been on the drawing board for some time, but the recession and its aftermath caused developers and Mississippi officials to put it on hold.

70. Ikea Buys Cordova Acreage For Planned Memphis Store -

41 Acres for
Future Ikea Store

Sale Amount: $5.7 million

Sale Date: July 10, 2015

Buyer: IKEA Property Inc.

71. Family: Tennessee Shooter Fought Depression, Substance Abuse -

CHATTANOOGA, Tenn. (AP) — The Kuwait-born man who killed five service members was first treated by a child psychiatrist for depression when he was 12 or 13 years old, fought drug and alcohol abuse in later years and went to Jordan last year to clean up, a person close to the family said.

72. Biomedical Company Expanding in Southeast Memphis -

Cognate Bioservices Inc. is launching a 32,500-square-foot expansion at its manufacturing facility at 4600 E. Shelby Drive in southeast Memphis near Lamar Avenue.

73. Details Emerge on Planned Binghampton Retail Center -

The Binghampton neighborhood is inching closer to landing a grocery store as plans for a neighborhood retail center there come into clearer focus.

The Binghampton Development Corp. has signed a “letter of intent” with an unidentified national supermarket chain to build a store at the corner of Sam Cooper Boulevard and Tillman Street. It also is pursuing other retailers for the planned development that will bring more goods and jobs to the community.

74. New Hotel Planned for Downtown Memphis -

Two Ohio-based development firms plan to build a new hotel on a vacant site in Downtown Memphis.

The Orlean Co. of Beachwood, Ohio, and Ceres Development LLC of Westlake, Ohio, plan on building a Cambria Suites on a 3.3-acre lot on the south side of Union across from Fourth Street, just west of Danny Thomas Boulevard.

75. Memphis City Council to Vote on Forrest Statue Removal -

[Update: Adds specifics of City Council's proposal on Nathan Bedford Forrest. The council will vote on the Forrest statue removal today.] With the city budget season done, Memphis City Council members turn their attention Tuesday, July 7, to development in the Pinch district, the statue of Nathan Bedford Forrest and redrawing council district lines.

76. Fino’s Taking a Bite Out of East Memphis -

The Brookhaven Circle area, an emerging restaurant row in the heart of East Memphis, is welcoming a new neighbor.

Jerry Wilson, owner of Fino’s from the Hill at 1853 Madison Ave. in Midtown, has acquired the property at 703 W. Brookhaven Circle in East Memphis for $526,600.

77. Mark Mosteller Joins Evolve Bank & Trust -

Mark E. Mosteller Sr. recently joined Evolve Bank & Trust as executive vice president, accounting and finance.
The new role includes a variety of responsibilities, including management of the accounting and finance department team, accounting internal controls, internal and external financial reporting, budgeting and forecasting, taxes and treasury management. Mosteller also works with senior and executive management and the board on accounting, finance and operational issues.

78. Michigan Investor Pays $7.5 Million for Hickory Hill Apartments -

5995 Waterstone Oak Way
Memphis, TN
Sale Amount: $7.5 million

Sale Date: June 11, 2015
Buyer: RoCo-Lakes LLC
Seller: RRE Waterstone Holdings LLC
Loan Amount: $6.2 million
Loan Date: June 11, 2015
Maturity Date: June 11, 2017
Lender: Keybank NA
Details: RoCo-Lakes LLC, a Michigan limited liability company, purchased two parcels comprising The Lakes at Ridgeway Apartments on June 11.

79. Local Investment Group Files $11.4 Million Loan -

Radiant Group of Properties LLC filed an $11.4 million loan with BancorpSouth Bank on June 14 for 14 of its retail properties around Memphis and Shelby County.

80. Del-Nat Sells Warehouse, Newby’s Makes A Comeback -

Del-Nat Tire Co. has unloaded a 500,000-square-foot warehouse in Southwest Memphis.

Sunhill Holdings LLC acquired the warehouse at 2365 Texas Drive for $6 million from Del-Nat Realty.

81. Solana Senior Living Facility Sells for $65.5 Million -

8199 Poplar Ave.
Germantown, TN 38138

Sale Amount: $65.5 million

Sale Date: May 27, 2015

82. Conn’s Acquires Site for Third Memphis-Area Location -

A Texas-based retailer has acquired a fully leased shopping center in Southaven and will build a new store on an outparcel of the existing retail center.

Conn’s Appliances Inc. acquired the Stateline Square Shopping Center at 550 Stateline Road in Southaven for $5 million from Brixmor Commercial Real Estate, which was doing business as NPK Southaven LLC.

83. Nashville Emerging ‘As a Regional Tech Leader’ -

Two very different startups speak volumes about how much the Nashville venture capital scene has changed over the years and how things are still evolving.

When Franklin-based Cybera began with three employees in 2001, it set up voice and data networks for small to medium-sized companies, using leased space on traditional telecom companies’ high-speed digital subscriber lines.

84. Massey Helps Grow Memphis CCIM Chapter -

Unlike countless college students who hop from one major to another, Shawn Massey always knew he wanted to be involved in commercial real estate.

85. Rodgers Takes Reins at Collierville Chamber -

Kanette Keough-Rodgers recently took over as president/CEO of the Collierville Chamber of Commerce after the chamber’s transition team selected her from more than 170 candidates.

In her new role, Rodgers is responsible for retaining and expanding chamber membership by ensuring members receive relevant, responsive and timely services, initiatives, programs and events. She is also responsible for forging and sustaining relationships with community, government and educational institutions.

86. Germantown Parkway Parcels Sell for $3.4 Million -

789 and 725 N. Germantown Parkway
Memphis, TN 38018
Sale Amount: $3.4 million

87. Germantown Parkway Sites Bought for $3.4 Million -

Two parcels of rarely available land on Germantown Parkway have been purchased for $3.4 million.

Marketplace Monroe LLC acquired the parcels at 789 and 725 N. Germantown Parkway, according to two April warranty deeds.

88. Germantown Parkway Sites Bought for $3.4 Million -

Two parcels of rarely available land on Germantown Parkway have been purchased for $3.4 million.

Marketplace Monroe LLC acquired the parcels at 789 and 725 N. Germantown Parkway, according to two April warranty deeds.

89. New Lease Pushes Atrium I Building Near 100 Percent -

A Memphis law firm has inked a new lease at a prominent East Memphis building, pushing the office property toward total occupancy.

The Miles Mason Family Law Group PLC has inked a lease for 2,700 square feet in the Atrium I building at 6800 Poplar Ave.

90. Brown Joins Michael Hatcher & Associates -

Lana L. Brown has joined Michael Hatcher & Associates Inc. as controller. In her new role, Brown is responsible for the accounting operations of the company, which includes financial reporting, cash management, risk management and maintaining a good system of accounting policies.

91. Events -

Midtown Memphis Development Corp. will present the inaugural Mojo of Midtown Awards Wednesday, March 25, at 6 p.m. at Circuit Playhouse, 51 S. Cooper St. The awards honor individuals and organizations whose contributions benefit Midtown Memphis. Tickets are $35 in advance or $40 at the door. Email Sam Goff at sam@i-bankonline.com or George Larrimore at gmlarrimore@yahoo.com.

92. Holding On -

The national outlook for traditional enclosed malls is bleak. No new enclosed mall has been built in the U.S. since 2006. More than 24 have closed since 2010, and an additional 60 are teetering on the edge, according to data from Green Street Advisors. Around 15 percent of malls nationwide are expected to close in the next decade.

93. Another Broken Egg Café Opening March 30 -

A Southern-inspired restaurant serving breakfast, lunch and a weekend brunch is finally opening in East Memphis at the end of this month.

Gouras Restaurant Group is holding the grand opening for Another Broken Egg Café March 30. The 3,000-square-foot restaurant is opening at Loeb Properties’ Park Place Centre, 6063 Park Ave., and will be open from 7 a.m. to 2 p.m. seven days a week. It will seat 88 indoors, with an additional 48 seats on the outdoor patio.

94. Wave of New Retail Construction Boosts Contractors -

Retail development in the Memphis area is booming in what construction and retail officials describe as the most active period for retail construction since the recession, with everything from a massive outlet mall in Southaven to grocery stores and smaller, traditional retail centers going up.

95. MRG Enjoys Flurry of Leasing Activity -

Memphis-based Makowsky Ringel Greenberg LLC is reporting leasing activity at its retail, office and industrial properties.

96. Southaven Plans to Become Regional Shopping Destination -

Local officials are expecting the outlet mall under construction by Tanger and Poag Shopping Centers to make Southaven a regional business destination.

“We are 250 miles from six states and we will probably draw from all of them,” Carmen Kyle, executive director of the Southaven Chamber of Commerce, told The Commercial Appeal. “This isn’t your local mall.”

97. Facing Militant Threat, Corker Shoulders Matters of War -

WASHINGTON (AP) – Two years ago, Sen. Bob Corker wondered aloud whether the standstill Senate was worth a grown man's time.

Now the combination of Republicans' political fortunes in last November's elections and brutal terrorism overseas have put the two-term Tennessee lawmaker in the limelight. He heads the Foreign Relations Committee and is in charge of the weightiest question to ever face members of Congress: whether to authorize war.

98. Sprouts Opening Lakeland Store May 13 -

Sprouts Farmers Market, a fast-growing specialty grocery chain, has set an opening date for its first Memphis-area store.

Phoenix-based Sprouts, which replicate the look and feel of an indoor farmers market and specialize in fresh, organic and healthy food, will open a 28,000-square-foot store in a former Kroger at 9050 U.S. 64 in Lakeland on May 13.

99. Raleigh Springs Mall Tests Town Center Concept -

The idea that a declining shopping mall can be redeveloped and reinvigorated as a “town center” with local government offices as a catalyst for private developers appears to be on its way to a meeting with reality.

100. Integrate Employee Benefits to Streamline HR -

Human resource departments are oftentimes consumed with managing multiple benefit programs, unable to dedicate the time necessary to developing a truly strategic benefits package that attracts a strong workforce.